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MANDATORY SALARY INCREMENT
New Labour Code: These contract workers may get minimum 2% annual salary hike; check if you qualify
NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
Can salary-linked SIPs transform mutual fund investing for salaried Indians? Experts weigh inSebi has proposed a framework allowing salaried employees to invest in mutual funds through salary deductions, similar to EPF and NPS. This...
Minimum 2% annual salary increment for these employees as per Rule 185 of Central Government’s new labour code rules; Know the detailsNew labour codes from the Central Government introduce a mandatory 2% annual salary increment for regular contractual workers. This rule ap...
Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
Panchkula court discharges ex-CBI judge Sudhir Parmar, 4 others in 2023 corruption caseA Special Court in Panchkula discharged former Judge Sudhir Parmar and four others in a corruption case. The court found the prosecution fa...
8th Pay Commission for central government teachers: Rs 50,000 minimum pay for Level 1 employee, up to 3.83 fitment factor; what employee body wants from 8th CPCThe employee body representing central government teachers from Union Territories is seeking significant pay hikes in their salaries in the...
LIC HFL Recruitment 2026 begins: Check direct link to apply, eligibility, salary, selection process, important dates and moreLIC Housing Finance recruitment 2026: LIC Housing Finance Limited has opened applications for 180 Junior Assistant positions and the deadli...
Has government increased EPF wage ceiling limit of Rs 15,000 in Budget 2026?The Union Budget 2026 has maintained the Employees' Provident Fund (EPF) wage ceiling at Rs 15,000, a limit unchanged since 2014. Experts h...
New labour code 2025 retirement calculator: You can create Rs 1.82 crore higher corpus if your basic salary of Rs 32K rises under new lawIndia's new labour laws offer a significant boost to retirement savings. Employees can build a larger corpus by increasing their basic sala...
Set-off clause in 'Skin-in-the-Game' rules softens blow for MF executivesThe Securities and Exchange Board of India's (Sebi) policy that came into effect in October 2021 required senior officials and the investme...
Meta introduces mandatory WFO policy: 3 ways in which employers can motivate staff to return to officeThe rule will go into effect on September 5. Employees who are unable to come to the office for at least three days for medical conditions ...
Who can join Employee Pension Scheme and who can'tThe rules regarding the joining of Employees Pension Scheme (EPS) by an employee was amended by the government via a notification dated Aug...
Though NRIs earn enough to live comfortably, there may not be enough savings bufferNRIs incur large chunks of heavy expenses periodically for their kith and kin back home. From funding trips and visits, to bearing hospital...
Will new wage code hit your take-home pay?Big-ticket components under analysis include a retrospective increase in liabilities for benefit plans, such as gratuity and leave encashme...
Budget 2019: Why salaried Indians need a big hike in standard deductionAlthough the standard deduction was further increased to Rs 50,000 in the 2019 interim budget, this still seems inadequate if you look at t...
Future prospects basis for mishap payouts, says SCThe apex court said it is a wrong perception that compensation under the head of future prospects should not be given in case where the dec...
Government raises appraisal benchmark for hikes and promotions to 'very good' from 'good'This follows as strong recommendation from Pay Commission that had even suggested more stringent criteria such as clearing of departmental ...
PF set to cover all pay, not just basic payYou may end up saving more with EPFO readying to re-notify a new definition of "compensation" that will include all your allowances.
Broking houses give a miss to Diwali bonusSelect companies paid 15-50% of fixed pay as bonus, but many others opted to skip Diwali payouts completely.